The people of Panama may soon be able to buy their morning brew with Bitcoin: the country’s legislature just approved a bill regulating the use of cryptocurrencies in the country. Now, the bill just needs to be signed by the country’s president before it comes into force. The “Crypto Law” states that it “regulates the trading and use of crypto-assets,…
Watch This Episode On YouTube Listen To The Episode Here: In this episode of the “Fed Watch” podcast, Christian Keroles and I discuss our thoughts on the IMF debate that took place on April 21, 2022, between Federal Reserve (Fed) Chair Jerome Powell; European Central Bank (ECB) President Christine Lagarde; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; Indonesian Finance…
press release PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment returns from the…
Goldman Sachs has offered its first Bitcoin-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall St. A spokeswoman from Goldman told Bloomberg that the multinational investment bank had lent cash collateralized by Bitcoin (BTC) owned by the borrower for the first time in Goldman Sachs’ history. She added that the deal was particularly interesting because of…
The Open Network (TON), a decentralized blockchain initially designed by Telegram, announced this week it is adding a bot that lets Telegram’s more than 550 million users send cryptocurrency to other users via chat. The initial rollout of the “wallet” bot will allow the sending and receiving of Toncoins, which the developers claim will come with no transaction fees. Telegram…
A “paradigm,” as defined by Ray Dalio, is a period of time during which “Markets and market relationships operate in a certain way that most people adapt to and eventually extrapolate.” A “paradigm shift” occurs when those relationships are overdone, resulting in “markets that operate more opposite than similar to how they operated during the prior paradigm.” Prior to 2008,…
Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent video published by Zcash Media…
The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as the APE token hit a new all-time high at $22.60 on April 28. The steady bullish momentum for APE is, in large part, due to the upcoming The Otherside land auction being held by…
Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”. According to a report by Coingecko, the NFT market is now…
Coinbase’s NFT marketplace was long-anticipated, but now that it’s finally live (in beta), very few can access it, leading to few sales in its first week. The platform—which launched on April 20—has seen a little over 900 total transactions, amounting to approximately 104.5 Ethereum in volume traded, or $300,000. About a third of that total volume occurred Thursday alone, with…
